Wealth Compass Funds | HSBC Canada

HSBC Wealth Compass Funds make it simple and cost-effective to invest at a level of risk that is suitable for you with a range of products managed by qualified HSBC investment professionals

  • Start with as little as $25 per month with a lump sum investment of $500
  • Access broad diversification by asset class, industry and geography for up to 1% all-in fees (estimated management expense ratio)
  • Professionally managed to maintain their target risk level
  • Suitable for medium- to long-term investment goals
  • Available to HSBC Mutual Funds account opened online through HSBC Wealth Compass

A fund for your risk level

HSBC Wealth Compass Funds are professionally managed, giving you the peace of mind that they will be monitored by our team of qualified investment professionals to ensure each fund stays at the target risk level. It's important to remember that most investments should be held over the medium- to long-term and therefore you should be prepared to commit for at least 4 years.

Fund Asset class allocation Investment objective Estimated expenses
Conservative conservative fund graph The HSBC Wealth Compass Conservative Fund aims to provide capital preservation and interest income with some potential for low to moderate long-term capital growth by investing primarily in a diversified portfolio of other mutual funds or exchange-traded funds across several asset classes. up to .90%
Moderate conservative moderate conservative fund graph The HSBC Wealth Compass Moderate Conservative Fund aims to provide moderate capital preservation with interest income and potential for moderate long-term capital growth by investing primarily in a diversified portfolio of other mutual funds or exchange-traded funds across several asset classes. up to .90%
Balanced balanced fund graph The HSBC Wealth Compass Balanced Fund aims to provide a balance of income and potential for long-term capital growth by investing primarily in a diversified portfolio of other mutual funds or exchange-traded funds across several asset classes. up to .95%
Growth growth fund graph HSBC Wealth Compass Growth Fund aims to provide potential for long-term capital growth with low to moderate income by investing primarily in a diversified portfolio of other mutual funds or exchange-traded funds across several asset classes. up to 1.00%
Aggressive Growth aggressive growth fund graph HSBC Wealth Compass Aggressive Growth Fund aims to provide potential for long-term capital growth by investing primarily in a diversified portfolio of other mutual funds or exchange-traded funds across several asset classes. up to 1.00%
 

Source: HSBC Global Asset Management (Canada) Limited as of April 1st, 2018. Subject to change without notice.

Back to top
 

Apply to invest in HSBC Wealth Compass Funds now

See what you might achieve with your savings if you invested them
and compare investments at different risk levels.

Let's get started
 

Logon to continue an application or access your HSBC Wealth Compass dashboard.

 
Back to top

Talk to us about HSBC Wealth Compass

Call us 1-877-801-4722Call us 1-877-801-4722

Frequently asked questions


What is the minimum amount required to invest in HSBC Wealth Compass Funds?

Will any restrictions apply to purchases or withdrawals from my investment?

How often is the asset allocation rebalanced within the Funds?

What is HSBC Wealth Compass?

I already have an HSBC Mutual Funds account that I opened in a branch. Do I need to open a new account online through HSBC Wealth Compass to purchase the HSBC Wealth Compass Funds?

Important legal information

HSBC Investment Funds (Canada) Inc. (HIFC) is a direct subsidiary of HSBC Global Asset Management (Canada) Limited (AMCA) and an indirect subsidiary of HSBC Bank Canada (HBCA), and provides its services in all provinces of Canada except Prince Edward Island. AMCA is a wholly owned subsidiary of, but separate entity from HBCA and provides its services in all provinces of Canada except Prince Edward Island.

AMCA is the manager and primary investment advisor for the HSBC Mutual Funds. HIFC is the principal distributor of the HSBC Mutual Funds. HSBC Mutual Funds are also distributed through authorized dealers. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus, Fund Facts, and other disclosure documents before investing. Mutual funds are not guaranteed or covered by the Canada Deposit Insurance Corporation, HBCA, or any other deposit insurer or financial institution. The net asset values of all mutual funds, including the HSBC Mutual Funds, may change frequently and any past performance may not be repeated. For money market funds, there can be no assurances that such funds will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you.

The management expense ratio (“MER”) is the total management and operating expenses (excluding brokerage commissions on securities transactions and foreign withholding taxes) of each fund expressed as a percentage of the average net asset value of that fund for that year. Please see the prospectus, Fund Facts, and other disclosure documents for further details.

References to the 'HSBC Group' are references to HSBC Holdings PLC, its subsidiaries and affiliated companies. HSBC Holdings PLC is a public limited company registered in England and Wales under Company Register Number 617987 and with its registered office at 8, Canada Square, London, England E14 5HQ.

Neither we nor any member of the HSBC Group provide tax advice or have responsibility for your tax obligations in any jurisdiction, even if they relate to opening and using account(s) and services we or members of the HSBC Group provide. We advise you to seek independent legal and tax advice before opening your account and making any investments.

HSBC Wealth CompassTM is a trade-mark of HSBC Group used under license by HIFC.

empty text

empty text

empty text

empty text

empty text

empty text

Connecting Business customers to opportunities

HSBC is the world’s leading international bank in supporting business locally and abroad, whatever their size. With our global experience, local knowledge and our specialized teams, we can help your company achieve its ambitions.

Small Business Banking

For small businesses located in Canada with an annual gross revenue below $5 million (CAD), and looking for simple products and digital tools to help manage the day to day operation of their business.

Business and Corporate Banking

For business and corporates, looking for products and services to help your business grow and manage more complex business needs. Visit now and see how we can help your business grow.

Close

More about investing with us

Who manages HSBC Wealth CompassTM Funds?

The HSBC Wealth Compass Funds (the "Funds") are managed by qualified investment professionals. The team at HSBC Global Asset Management (Canada) Limited closely manages the Funds, selecting the investments in each asset class and maintaining the allocation that fits the Fund's level of risk.

The HSBC Wealth Compass Funds primarily invest in index tracking funds, and may include HSBC Mutual Funds and third-party Exchange Traded Funds (ETFs).

Investment risk

Each of the Funds has a different risk profile and involves taking investment risk. If you would rather take no investment risk, or if you will need to use the money from this investment in less than 4 years, you might want to consider other options such as GICs and Term Deposits.

The HSBC Wealth Compass Funds are offered in five risk profiles, from Conservative to Aggressive Growth, suitable for different investor types. Complete our Investor Profile Questionnaire to determine your investor type so we can recommend the HSBC Wealth Compass Fund that may be right for you.

Fees & charges

HSBC Wealth Compass Funds are expected to have a management expense ratio ranging from 0.90% to 1.00%. The management expense ratio includes the management fee, the Fund's operating expenses and a portion of the expenses of the underlying funds and ETFs. These fees are not paid directly by you but they reduce the amount of the Funds' returns to you.

No sales charges apply when you purchase or redeem the Investor Series units of the Funds.

Other charges may apply to the account the Funds are held in, such as an annual administration fee for registered accounts or fees to transfer funds to another financial institution. Click here for more details.

A 2% short term trading fee may be charged if you switch or sell units of a Fund within 30 days of the most recent purchase.

Regular Investment Plans

You can provide instructions to invest in your HSBC Wealth Compass account on a regular basis, which could be a convenient way to match your payroll cycle or to average out the cost of the units that you buy.

HSBC Wealth Compass Funds can be purchased through a Regular Investment Plan set up at the time you open your account online through HSBC Wealth Compass.

Your instructions can be set at different frequencies such as weekly, bi-weekly (every 2 weeks), monthly, and quarterly.

If you want to set up a new Regular Investment Plan after your account has been opened or if you want to change your current instructions (amount, frequency or date of the next contribution)*, please call us at 1-877-801-4277.

*Please note it may take up to 5 business days for the changes to be effective.

Purchases and withdrawals

You can top up or make withdrawals from your investment at any time. The following minimums apply.

Purchases

The minimum initial lump sum investments is $500. For subsequent purchases, the minimum is $50.

The minimum amount for a Regular Investment Plan is $25 per period.

Remember to contribute within your limit when investing in a registered account (such as RRSP or TFSA).

Withdrawals

If making a withdrawal, remember to maintain a minimum balance of $500. Your account may be closed if the balance falls to zero.

There may be tax implications when making withdrawals. Consult with your own tax advisor if you have any questions.

Equity

Equity is another name for shares. A share is a stake in the company that has issued it. The value of the shares depends on a number of factors including how well the company is performing financially. A fund that invests in shares will hold a stake in a range of companies and the value of this stake is often dependent upon the expectation of the future profits those companies will make as well as their historical profitability.

Bonds

Bonds or fixed income are issued by a company to raise money. By investing in a bond the fund lends the company money. In return the fund receives interest payments (coupon), plus the return of the original investment, when the bond matures.

Cash

Cash investments are associated with very low levels of risk and the return they offer is usually low, compared to other investments. Cash investments are short-term and provide a return in the form of interest payments.